- 22 марта 2016, 16:30
- Zacks Investment Research
For Immediate Release
Chicago, IL – March 22, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the West Marine Inc. (WMAR), Pool Corp. (POOL), Black Diamond, Inc. (BDE), Brunswick Corporation (BC) and Marine Products Corp. ( MPX).
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Here are highlights from Monday’s Analyst Blog:
5 Leisure Stocks to Help Your Portfolio Shine
The U.S. economic recovery may be gaining steam with the onset of spring. The overall fundamentals of the market are gradually turning positive, after a somewhat shaky beginning mainly due to the worldwide turmoil. As the spring season ushers in warmer weather urging us to venture out of doors and soak in the sun, the stock market also gains momentum from higher spending on leisure activities.
The positivity surrounding spring improves consumer spending patterns, which in turn were boosted by rising wages, job growth and cheaper fuel. The GDP numbers for the fourth quarter of 2015 also validate that consumer spending power increased significantly since the 2014 levels.
Also, the Labor Department reported that Consumer Price Index (CPI) decreased 0.2% in February, in line with the consensus estimate. This was an improvement considering that there was no change in the index in the previous month.
Further, the positive housing data is adding to this optimistic outlook. U.S. housing starts rebounded in February after declining in January and December. Construction activity is expected to continue to pick up once the spring selling season is in full swing.
Leisure companies are likely to see an uptick as we approach spring and summer vacations. In our view, growth in the leisure sector is usually directly proportional to consumers’ disposable income, and an increase in consumer spending over the last month indicates greater desire to spend. This is supported by a comparable increase in income levels. Adding leisure stocks to your portfolio would therefore be a smart move right now.
5 Leisure Stocks for Your Portfolio
We’ve zeroed-in on five stocks in the leisure sector sporting a Zacks Rank #1 (Strong Buy) or 2 (Buy) with the help of our new style score system. These companies are expected to gain from the ongoing housing recovery.
Our research shows that stocks carrying a Growth Style Score of ‘A’ or ‘B’ when combined with a Zacks Rank #1 or 2 offer the best investment opportunities in the growth investing space.
West Marine Inc. (WMAR)
The Racine, WI-based global outdoor recreation company sports a Zacks Rank #1. The company has delivered an average positive earnings surprise of 69.07% over the past four quarters and the projected EPS growth for the current year stands at 60.38%.
Pool Corp. (POOL)
The Covington, LA-based swimming pool product supplier has a Zacks Rank #2 and a Growth Style Score of B. The company delivered a massive average positive earnings surprise of 185.09% over the last four quarters.
Its projected EPS growth rate for the current year stands at 13.56% and the same for the long term is 15%.
Black Diamond, Inc. (BDE)
Headquartered in Salt Lake City, UT, this manufacturer and distributor of outdoor recreation equipment and active lifestyle products has a Zacks Rank #2 and a Growth Style Score of B. The company has delivered an average positive earnings surprise of 91.44% over the trailing four quarters.
Its projected EPS growth for the current year stands at 300.00%, while that for the long term is 15%.
Brunswick Corporation (BC)
Based in Lake Forest, IL, Brunswick manufactures and markets leading consumer brands in four segments: Marine Engines, Boats, Fitness and Bowling & Billiards. The company has a Zacks Rank #2 and a Growth Style Score of A. The company delivered an average positive earnings surprise of 4.82% over the past four quarters.
Its projected EPS growth for the current year stands at 17.34% and that for the long term is 16.25%.
Marine Products Corp. (MPX)
This Atlanta, GA-based distributor of sterndrive power boats in the U.S. carries a Zacks Rank #2 and a Growth Style Score of A. The company delivered an average positive earnings surprise of 18.40% over the trailing four quarters.
Its projected EPS growth for the current year stands at 16.67%.
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WEST MARINE INC (WMAR): Free Stock Analysis Report
POOL CORP (POOL): Free Stock Analysis Report
BLACK DIAMOND (BDE): Free Stock Analysis Report
BRUNSWICK CORP (BC): Free Stock Analysis Report
MARINE PRODUCTS (MPX): Free Stock Analysis Report
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